Income Tax Ordinance, 2001

CHAPTER-X

PROCEDURE PART V ADVANCE TAX AND DEDUCTION OF TAX AT SOURCE Division III Deduction of Tax at Source

From: 2023-07-01 - To: 0000-00-00 (1) Where - 1[(a) a person pays yield on an account, deposit or a certificate under the National Savings Scheme or Post Office Savings Account;] (b) a banking company 2[or] financial institution pays any profit on a debt, being an account or deposit maintained with the company or institution; 3[***] 4[(c) the Federal Government, a Provincial Government or a 5[Local Government] pays to any person 6[***] profit on any security 7[other than that referred to in clause (a)] issued by such Government or authority; or] 8[(d) a banking company, a financial institution, a company referred to in 9[sub- clauses (i) and (ii) of clause (b)] of sub-section (2) of section 80, or a finance…